2018 another record-setting year for MJBizCon

Published November 19, 2018 | By Eli McVey (This story has been updated to clarify that Marijuana Business Daily hosts the conference referenced in this chart.) MJBizCon, which is hosted by Marijuana Business Daily, continues to smash attendance records amid strong, ongoing growth in the cannabis industry, solidifying its position as one of the fastest-growing […]

California marijuana distributors lose first fight in attempt to bar feds from seizing assets

Published February 26, 2019 | By John Schroyer A California cannabis distributor has lost the first round in what could prove to be an important test case in determining the role of the federal government in cracking down on marijuana companies. A state judge in California Superior Court in San Francisco County declined on Feb. […]

Dozens of Oregon marijuana licenses at risk after inspections

More than a quarter of Oregon’s outdoor recreational marijuana producers had deficiencies or potential compliance violations in their harvest processes, according to the results of Operation Good Harvest – the state’s effort to observe and inspect the 2018 outdoor cannabis harvest. Of the 354 licensed outdoor recreational grow sites inspected by the Oregon Liquor Control […]

New Hampshire House endorses adult-use cannabis, but major hurdle remains

Published February 27, 2019 New Hampshire’s House gave preliminary approval on Wednesday to a bill legalizing a recreational marijuana industry that would allow an unlimited number of licenses statewide. A similar bill passed the House last year before dying in the Republican-controlled Senate. Democrats, who added legalization to their party platform last year, now control […]

Where does California’s recreational marijuana supply come from?

(This story has been updated to revise the definition of a Tier 1 mixed-light grow.) While outdoor grows abound in California’s adult-use market, the state’s supply of recreational cannabis is dominated by indoor and greenhouse producers in Santa Barbara and Humboldt counties. According to licensing data released by the California Department of Food and Agriculture, […]

California cannabis licensing backlog could spur collapse of supply chain, ‘hundreds of businesses’

(This story has been updated to include comments from the California Department of Food and Agriculture.) A California Senate panel on Wednesday advanced a bill – dubbed a “Band-Aid” by one sponsor – in a last-minute bid to prevent thousands of marijuana companies from being temporarily forced out of the legal market and causing chaos […]

Investor bets on U.S. cannabis firms continue to climb

Published December 5, 2018 This weekly series from Marijuana Business Daily and Viridian Capital Advisors provides the latest data on cannabis investment activity and M&A, along with key takeaways, analysis and trends based on recent market moves. The data below, provided by Viridian Capital Advisors, is through the week ended Nov. 30. Capital raises key […]

Federal marijuana decriminalization bill reintroduced

Published February 28, 2019 | By Jeff Smith New Jersey Democratic Sen. Cory Booker reintroduced legislation that would remove marijuana from the Controlled Substances Act, effectively meaning state-legal cannabis businesses would not have to fear federal interference and could gain normal access to banking services. The Marijuana Justice Act, first introduced by Booker and Rep. […]

Significant challenges await Iowa’s new medical cannabis program

The financial viability of Iowa’s newly launched medical marijuana program may be in question due to: High licensing fees. A restrictive list of qualifying conditions. Limited buy-in from patients and physicians. Widespread confusion about product availability. While Iowa is considered by many to be a CBD-only state, the launch of MMJ sales through licensed dispensaries […]

Michigan seeks input into adult-use marijuana rulemaking

Published February 28, 2019 | By Jeff Smith Michigan regulators are asking for volunteers to provide input for the state’s new recreational marijuana industry rules, and the cannabis industry is responding to ensure its views are heard. The state is forming work groups to cover four regulatory topics: Existing medical marijuana license holders interested in entering […]